49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) — Wall Street stormed back from last week's devastating losses yesterday, sending the Dow Jones industrials soaring a nearly inconceivable 936 points after major governments' plans to support the global banking system reassured distraug...
DATE: Oct 14, 2008
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STOCKHOLM, Sweden (AP) — Paul Krugman, the Princeton University scholar, New York Times columnist and unabashed liberal, won the Nobel prize in economics yesterday for his analysis of how economies of scale can affect international trade patterns.
Kr...
DATE: Oct 14, 2008
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Bermuda-based Everest Re Group announced yesterday that it expects after-tax losses of $246 million for the third quarter of 2008 and has seen a nine percent drop in its share value since the 2007 year end.
"After-tax net realised capital losses for ...
DATE: Oct 14, 2008
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Office workers, perhaps fearful of their jobs and worried about their companies' futures, are playing office politics and gossiping more than they were five years ago, according to a poll earlier this year. In fact, 55 percent of those surveyed said ...
DATE: Oct 14, 2008
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Bermuda's insurance industry may have to pay out as much as $2.83 billion for claims due to the devastation wreaked by Hurricanes Gustav and Ike.
Axis Capital Holdings Ltd. led the way with combined estimates for both hurricanes of between $310 milli...
DATE: Oct 14, 2008
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Age: 43
Role: Assistant Business Centre Leader
What is your job? I am responsible for all elements of the supply chain operation to satisfy customer needs and attain corporate process goals.
What is your favourite part of the job? Learning something ...
DATE: Oct 14, 2008
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XL Capital Ltd., the Bermuda-based business insurer whose stock is down 86 percent this year, jumped in New York trading amid speculation the company may have to consider a sale, according to an analyst.
XL surged $2, or 36.83 percent, to close at $7...
DATE: Oct 14, 2008
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NEW YORK (Reuters) — Governments around the world bet hundreds of billions of dollars to rescue failing banks yesterday, sending world stocks soaring and giving Wall Street its biggest one-day gain ever.
The US government is set to buy $250 billion i...
DATE: Oct 14, 2008
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XL Capital Ltd. shares soared more than 70 percent by lunchtime today — even after the company announced it had lost an estimated $1.6 billion in the three months from July through September.
Separately, the company said that its chairman Brian O'Har...
DATE: Oct 14, 2008
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AUTHOR:
Jonathan Kent
Bermuda reinsurer Max Capital Group said yesterday its will be changing its alternative investments strategy after third quarter results showed the company's return on that portfolio to have dropped 12.93 percent for the third quarter.
The return on ...
DATE: Oct 14, 2008
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